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Mayur Leather Products (BOM:531680) E10 : ₹-2.14 (As of Jun. 2022)


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What is Mayur Leather Products E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Mayur Leather Products's adjusted earnings per share data for the three months ended in Jun. 2022 was ₹-1.800. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ₹-2.14 for the trailing ten years ended in Jun. 2022.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2024-05-15), Mayur Leather Products's current stock price is ₹6.73. Mayur Leather Products's E10 for the quarter that ended in Jun. 2022 was ₹-2.14. Mayur Leather Products's Shiller PE Ratio of today is .


Mayur Leather Products E10 Historical Data

The historical data trend for Mayur Leather Products's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Mayur Leather Products E10 Chart

Mayur Leather Products Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -1.65

Mayur Leather Products Quarterly Data
Sep16 Dec16 Mar17 Mar18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -1.36 -1.78 -1.65 -2.14

Competitive Comparison of Mayur Leather Products's E10

For the Footwear & Accessories subindustry, Mayur Leather Products's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mayur Leather Products's Shiller PE Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mayur Leather Products's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Mayur Leather Products's Shiller PE Ratio falls into.



Mayur Leather Products E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Mayur Leather Products's adjusted earnings per share data for the three months ended in Jun. 2022 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=-1.8/142.3474*142.3474
=-1.800

Current CPI (Jun. 2022) = 142.3474.

Mayur Leather Products Quarterly Data

per share eps CPI Adj_EPS
201103 -0.110 70.768 -0.221
201112 0.250 75.359 0.472
201203 -0.050 76.889 -0.093
201206 0.470 79.567 0.841
201209 0.410 82.244 0.710
201212 0.470 83.774 0.799
201303 0.050 85.687 0.083
201306 1.130 88.365 1.820
201309 0.090 91.042 0.141
201312 0.500 91.425 0.778
201403 0.470 91.425 0.732
201406 1.170 94.103 1.770
201409 0.300 96.780 0.441
201412 0.140 96.780 0.206
201503 -0.510 97.163 -0.747
201506 -0.130 99.841 -0.185
201509 0.320 101.753 0.448
201512 0.120 102.901 0.166
201603 0.250 102.518 0.347
201606 -0.580 105.961 -0.779
201609 -0.650 105.961 -0.873
201612 -2.490 105.196 -3.369
201703 -0.770 105.196 -1.042
201803 -5.880 109.786 -7.624
201809 -1.770 115.142 -2.188
201812 0.410 115.142 0.507
201903 -3.059 118.202 -3.684
201906 -0.210 120.880 -0.247
201909 -1.870 123.175 -2.161
201912 3.880 126.235 4.375
202003 -6.210 124.705 -7.089
202006 -2.130 127.000 -2.387
202009 -0.900 130.118 -0.985
202012 -0.820 130.889 -0.892
202103 1.310 131.771 1.415
202106 -0.001 134.084 -0.001
202109 -1.040 135.847 -1.090
202112 -0.680 138.161 -0.701
202203 0.670 138.822 0.687
202206 -1.800 142.347 -1.800

Add all the adjusted EPS together and divide 10 will get our e10.


Mayur Leather Products  (BOM:531680) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Mayur Leather Products E10 Related Terms

Thank you for viewing the detailed overview of Mayur Leather Products's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Mayur Leather Products (BOM:531680) Business Description

Traded in Other Exchanges
N/A
Address
Manpura Macheri, Amer, F-26-A, RIICO Industrial Area, Jaipur, RJ, IND, 303805
Mayur Leather Products Ltd is is engaged in the manufacturing and export of Leather Shoes and Shoe Uppers. It is also engaged in the production of industrial shoe and uppers segments both internationally and in the domestic market. The company operates its business through the following segments - Uppers, Shoes, Others, and Common.

Mayur Leather Products (BOM:531680) Headlines

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